[align=justify][box_out][box_in] The Penelope Royalty Trust is a United States oil and natural gas royalty trust based in Waco, Texas. With a market capitalization of US $620,040,000, and an average daily trading volume of about 237,000 shares at the end of 2007, it is one of the largest royalty trusts in the United States. Its source of revenue is oil and gas pumped from the geologic formation at the Land of Penelope, as well as a few locations in other parts of the country.
Most of the trust’s properties
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Most of the trust’s properties
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